Cash prices for spring wheat across the Canadian Prairies fell hard during the week ended June 26, while those for amber durum nudged up slightly.
1.
Stronger loonie adds more pressure
Weather, supply pressures weigh on grains
U.S. crop conditions, weaker loonie also raise prices
Midwestern farmers abandoning wheat crops as profits recede, weather challenges
Heat damage reported in some areas
Weather, geopolitical risk provide support
Report unlikely to have notable changes
U.S. Great Plains farmers skipping the cereal in favour of more profitable crops
Higher U.S. prices encourage stronger cash prices
Other crop prices firmer, stronger